12612 Kornblum Avenue, Hawthorne, CA 90250

• 5,319 sqft

Property Description

12612 Kornblum Avenue presents a rare value-add opportunity in the high-demand rental market of Hawthorne, only subject to AB-1482. This 7-unit property features an attractive unit mix with an oversized 1,951 sq. ft. 3/2.5 Townhome-style owner's unit with washer and dryer hookups, and the potential to add ADU units. The current rents remain well below market-positioning the asset for significant income growth. Investment Highlights: • Desirable Unit Mix: One large 3-bed/2.5-bath townhouse-style unit with washer and dryer hookups and a private deck-ideal for repositioning or premium rental. Plus, Six 1-bed/1-bath units. • ADU Potential: Explore the possibility of adding units through ADU conversion of existing space (buyer to verify). • RUBS OPPORTUNITY: There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash. The property is individually metered for gas and electric. • Under-Market Rents: Immediate upside through rent increases upon turnover or via AB 1482 allowable adjustments. • Operational Upside: On-site laundry room is currently non-functioning but can be restored to create a new revenue stream. • Parking Advantage: Dedicated carport parking for all units-a key amenity in the South Bay. • Each unit has i

Listing Status:

Active

Date Added:

July 29, 2025 at 05:00AM

Listing Office:

Mike Marcu, Broker : 909-371-1322

Listing Agent:

Mike Marcu : 949-688-1224

MLS ID:

CROC25170666

Interior

• Laundry: No Hookups

Exterior

• Parking: None

Location

• HOA Amenities: 0.0
• County: Los Angeles

Lot

• Zoning: HAR34049014003

This listing courtesy of Mike Marcu, Mike Marcu, Broker